Strategic innovation (5089) |
| Language of instruction : English |
| Credits: 12,0 | | | | | Period: semester 1 (12sp) | | | | | 2nd Chance Exam1: Yes | | | | | Final grade2: Numerical |
| | | Exam contract: not possible |
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Sequentiality
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No sequentiality
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Undergraduate courses in economics and business are recommended.
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The course is designed to equip students with state-of-the-art knowledge and best practices needed to successfully design and implement innovation strategies.
The first part of the course explains the distinction between sustaining and disruptive innovations and discusses the importance of a balanced strategy that takes both types of innovation into account. Students will learn about sustaining innovation processes (idea generation and execution) and organizational approaches towards disruptive innovation, such as sensing networks, corporate venturing, and ambidextrous organizational structures. Further, we will discuss how organizations can cultivate a climate where innovation is encouraged, and the important role of intellectual property strategies in appropriating value from innovation. Finally, the dynamic link between innovation strategies and portfolio management is discussed.
The second part of the course aims to familiarize students with the management of innovation in an ‘open’ context, in which the boundaries of the firm are increasingly blurred. As a basis, students are provided with the necessary frameworks to understand how firms have gradually evolved to a more open innovation practice and how this has resulted in the opening up of their business models. Subsequently, different contexts in which firms interact with customers and other firms are discussed, such as technology markets, technology platforms, and user co-innovation systems. Finally, we take a more aggregate view to understand how firms are part of innovation networks and how these networks constitute a valuable resource. In particular, students are introduced to the principles of ‘systems thinking’ in order to assess the broader ecosystem of the firm from an innovation perspective.
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Lecture ✔
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Case study ✔
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Discussion/debate ✔
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Homework ✔
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Role playing (simulation) ✔
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Period 1 Credits 12,00
| Evaluation method | |
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| Other evaluation method during teaching period | 20 % |
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| Other | 20% of the score is based on course participation (during on-campus
sessions, case study preparations before class, answering questions in
web lectures,…) throughout the semester. |
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| Transfer of partial marks within the academic year | ✔ |
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Second examination period
| Evaluation second examination opportunity different from first examination opprt | |
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Learning outcomes Master of Business Administration
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- EC
| EC 01: The holder of the degree applies acquired knowledge independently. (Self-direction and entrepreneurial spirit) | - EC
| EC 02:The holder of the degree shows initiative and takes responsibility in order to help create value for an organisation. (Self-direction and entrepreneurial spirit) | - EC
| EC 03: The holder of the degree actively monitors developments in business science and business practice. (Self-direction and entrepreneurial spirit) | - EC
| EC 04: The holder of the degree works in a team and displays leadership skills with a multidisciplinary approach to a business problem. (Teamwork) | - EC
| EC 05: The holder of the degree communicates clearly and correctly in writing and orally in both the language of instruction and at least one other language, in a business and academic context, if necessary supplemented with visual support. (Communication) | - EC
| EC 09: The holder of the degree shows autonomy in analysing, interpreting, evaluating and reporting research results. (Research skills) | - EC
| EC 10: The holder of the degree integrates the perspective of stakeholders when making decisions in an organizational context. (Stakeholder awareness) | - EC
| EC 11: The holder of the degree formulates proposals for operational improvements, taking account of the regional and/or (inter)national policy and business context. (Stakeholder awareness) | - EC
| EC 13: The holder of the degree is able to answer complex management questions in a critical and academically grounded way, taking into account different management domains. (Problem-solving capacity) | - EC
| EC 14: The holder of the degree is able to apply in-depth academic insights from organisational and management sciences and relevant supporting and/or related disciplines in the analysis of such concrete questions of business management and formulate recommendations. (Problem-solving capacity) | - EC
| EC 15: The holder of the degree applies a creative mindset to generate opportunities that create value for an organisation, society or the field of organisational and management sciences. | - EC
| EC 16: The holder of the degree develops a plan of action for business or civic challenges, while taking into account potential risks and uncertainties. | - EC
| EC 18: The holder of the degree reflects on strengths and weaknesses in (inter)personal skills and subsequently takes action to further develop these skills. |
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Master of Business Economics
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- EC
| EC 01: The holder of the degree applies acquired knowledge independently. (Self-direction and entrepreneurial spirit) | - EC
| EC 02: The holder of the degree shows initiative and takes responsibility in order to help create value for an organisation. (Self-direction and entrepreneurial spirit) | - EC
| EC 03: The holder of the degree actively monitors developments in business science and business practice. (Self-direction and entrepreneurial spirit) | - EC
| EC 04: The holder of the degree works in a team and displays leadership skills with a multidisciplinary approach to a business problem. (Teamwork) | - EC
| EC 05: The holder of the degree communicates clearly and correctly in writing and orally, in a business and academic context, if necessary supplemented with visual support. (Communication) | - EC
| EC 09: The holder of the degree shows autonomy in analysing, interpreting, evaluating and reporting research results. (Research skills) | - EC
| EC 10: The holder of the degree integrates the perspective of stakeholders when making decisions in an organizational context. (Stakeholder awareness) | - EC
| EC 11: The holder of the degree formulates proposals for operational improvements, taking account of the regional and/or (inter)national policy and business context. (Stakeholder awareness) | - EC
| EC 13: The holder of the degree is able to engage in conceptual and analytical thinking to solve strategic policy issues, drawing on business conceptual frameworks. (Problem-solving capacity) | - EC
| EC 14: The holder of the degree is able to provide evidential support in formulating and justifying an organisation’s strategic policy choices. (Problem-solving capacity) | - EC
| EC 15: The holder of the degree is able to apply in-depth insights and argumentation methods from business science and relevant supporting and/or related disciplines in solving strategic policy issues. (Problem-solving capacity) | - EC
| EC 16: The holder of the degree is able to develop and adapt an organisation’s strategic policy with a view to creating value for the business and/or society. (Programme-specific competencies) | - EC
| EC 17: The holder of the degree is able to respond to changing environmental factors that have an impact on an organisation and its policy. (Programme-specific competencies) |
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Master of Business and Information Systems Engineering
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- EC
| EC 01: The holder of the degree applies acquired knowledge independently. (Self-direction and entrepreneurial spirit) | - EC
| EC 02: The holder of the degree shows initiative and takes responsibility in order to help create value for an organisation. (Self-direction and entrepreneurial spirit) | - EC
| EC 03: The holder of the degree actively monitors developments in business science and business practice. (Self-direction and entrepreneurial spirit) | - EC
| EC 04: The holder of the degree works in a diverse team and displays leadership skills with a multidisciplinary approach to a business problem. (Teamwork) | - EC
| EC 05: The holder of the degree communicates clearly and correctly in writing and orally, in a business and academic context, if necessary supplemented with visual support. (Communication) | - EC
| EC 09: The holder of the degree shows autonomy in analysing, interpreting, evaluating and reporting research results. (Research skills) | - EC
| EC 10: The holder of the degree integrates the perspective of stakeholders in optimising complex business processes. (Stakeholder awareness) | - EC
| EC 11: The holder of the degree formulates proposals for operational improvements, taking account of the regional and/or (inter)national context. (Stakeholder awareness) | - EC
| EC 13: The holder of the degree applies in-depth insights from business science and relevant supporting/related disciplines in the analysis of business and IT problems. (Problem-solving capacity) | - EC
| EC 14: The holder of the degree models, designs and evaluates solutions for business and IT problems to support decision-making at different levels in a complex context. (Problem-solving capacity) |
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Master of Business Engineering
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- EC
| EC 01: The holder of the degree applies acquired knowledge independently. (Self-direction and entrepreneurial spirit) | - EC
| EC 02: The holder of the degree shows initiative and takes responsibility in order to help create value for an organisation. (Self-direction and entrepreneurial spirit) | - EC
| EC 03: The holder of the degree actively monitors developments in business science and business practice. (Self-direction and entrepreneurial spirit) | - EC
| EC 04: The holder of the degree works in a diverse team and displays leadership skills with a multidisciplinary approach to a business problem. (Teamwork) | - EC
| EC 05: The holder of the degree communicates clearly and correctly in writing and orally, in a business and academic context, if necessary supplemented with visual support. (Communication) | - EC
| EC 09: The holder of the degree shows autonomy in analysing, interpreting, evaluating and reporting research results. (Research skills) | - EC
| EC 10: The holder of the degree integrates the perspective of stakeholders in optimising complex business processes. (Stakeholder awareness) | - EC
| EC 11: The holder of the degree formulates proposals for operational improvements, taking account of the regional and/or (inter)national context. (Stakeholder awareness) | - EC
| EC 13: The holder of the degree applies in-depth insights from business science and relevant supporting/related disciplines in the analysis of financial and technical business problems. (Problem-solving capacity) | - EC
| EC 14: The holder of the degree models, designs and evaluates solutions for financial and technical business problems to support decision-making at different levels in a complex context. (Problem-solving capacity) | - EC
| EC 15: The holder of the degree can identify, optimise and manage complex technological and business processes in an organisation in light of its strategic goals. (Programme-specific competencies) | - EC
| EC 17: The holder of the degree evaluates technological innovations from a business and social perspective. (Programme-specific competencies) |
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Master of Management
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- EC
| EC 01: The holder of the degree applies acquired knowledge independently. (Self-direction and entrepreneurial spirit) | - EC
| EC 03: The holder of the degree actively monitors developments in business administration and business practice. (Self-direction and entrepreneurial spirit) | - EC
| EC 04: The holder of the degree works inclusively in a diverse and international team and displays leadership skills with a view to a multidisciplinary approach to management problems. (Teamwork) | - EC
| EC 05: The holder of the degree communicates clearly and correctly in English in writing and orally, in a business and academic context, if necessary supplemented with visual support. (Communication) | - EC
| EC 09: The holder of the degree shows autonomy in analysing, interpreting, evaluating and reporting research results. (Research skills) | - EC
| EC 10: The holder of the degree integrates the perspective of intern and extern stakeholders when making decisions in an organizational context. (Stakeholder awareness) | - EC
| EC 11: The holder of the degree formulates proposals for the improvement of business processes in an international context, taking into account the broader societal framework in which businesses operate, including environmental factors and relevant stakeholders. (Stakeholder awareness) | - EC
| EC 13: The holder of the degree is able to formulate, analyze, and answer complex management issues within a VUCA world from a systems perspective, providing innovative and scientifically grounded recommendations using strategic and conceptual perspectives. | - EC
| EC 14: The holder of the degree is able to substantiate management proposals and organizational strategy in an evidence-based way by applying management theories and models, with specific attention to the fundamentals: managing people, projects, processes, and organizations. (Problem solving abilities) | - EC
| EC 15: The holder of the degree is able to formulate strategic solutions to create organizational value. (Programme specific competences) | - EC
| EC 16: The holder of the degree is able to make use of managerial skills to achieve societal and management objectives.(Programme specific competences) |
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| | EC = learning outcomes DC = partial outcomes BC = evaluation criteria |
| Offered in | Tolerance3 |
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Exchange Programme Business Economics
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Specialisatie Strategic Innovation Management verplicht
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1 Education, Examination and Legal Position Regulations art.12.2, section 2. |
| 2 Education, Examination and Legal Position Regulations art.15.1, section 3. |
3 Education, Examination and Legal Position Regulations art.16.9, section 2.
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